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2011 American Silver Eagles

silvereagleamerican — Sat, 16 Apr 2011 02:48:20 +0000

The 2011 American Silver Eagle will celebrate the twenty-sixth year in which the bullion version of the coin has been struck by the United States Mint. The coin was authorized by The Liberty Coin Act of 1985 and introduced to the public the following year.

Coinciding with the economic downturn that began in 2008 demand for the Silver Bullion Eagle has continued to be grow, offering many concerned investors a safe haven through which to diverify their portfolio. As a matter of fact, in each of the years following 2008, the US Mint has gone on to set new heights, breaking many of the previously established sales records for the coin. The 2011 version of the American Silver Eagle shows no signs of slowing down as the initial interest in the coin has been phenomenal.

Purchasers that have been authorized by the US Mint were able to start placing orders for the 2011 American Silver Eagle starting back in early January. The starting date for sales of the silver bullion coins is earlier than in the previous year. This is due to the fact that a situation had come about where there had been a surge of demand late in the year that delayed the production of coins which were to bear the date of the following year.

With the typical ordering process, the United States Mint’s primary distribution group are able to place 2011 Silver Eagle orders at a minimum quantity of twenty-five thousand ounces. These coins are then packaged in 500 count “monster boxes” that contain packages of twenty-five rolls each containing twenty coins. This group of distributors will then resell the coins to other coin and bullion dealers along with the general public to ensure availability.

The release of the 2011 Silver Eagle Proof coin is expected to happen by July 6, 2011. Recent modifications to the legislation that covers the program will allow the Secretary of the Treasury a greater amount of flexibility in the production of collector verions of the coin. This change came about at the request of the Mint, which sought to ensure that they would have the ability to continue to produce collectible coins through times where even the demand for bullion coins was unmet. Under this new law, it is possible that we will see the release of the 2011-W Uncirculated Silver Eagle. These uncirculated collectible coins are struck on burnished blanks and carries the “W” mint mark, but have not been issued since 2008.

Demand High For 2010 American Silver Eagles

silvereagleamerican — Tue, 18 May 2010 01:14:00 +0000

Sales of the United States Mint's 2010 American Silver Eagle bullion coin remain on a strong sales pace as collectors and investors continue to snap them up at a record-setting pace. Silver Eagles are experiencing fast sales, just recently experiencing the second best sales numbers ever for the month of April. Just over US 2,500,000 of the 1-ounce coins made of .999 fine silver were sold during the last month.

It is worth noting perhaps that the demand this past April was down from the record amount of nearly 3,400,000 coins sold this past March. The numbers were down by about 10,000 in April from the same month in 2009.

Last year both the proof and uncirculated collector's version of the 2009-W Silver Eagle were canceled by the United States Mint because fo the previously unprecedented buyer demand for the bullion version of the coin. As the demand continues to be strong for Silver Eagles, there is a very real possibility that there could be cancellations for the 2010-W American Silver Eagle unless public demand for the coin unless either demand slows down or the supply of the raw silver needed catches up. The promise to the public by the U.S. Mint regarding of the congressionally authorized silver bullion coins is to make them available as a cost effective and convenient way to add a small amount of silver to their investment portfolio.

While the United States Mint doesn't offer the American Silver Eagle bullion coins for sale directly to dealers, collectors and investors, it does release the coins through it's network of authorized purchasers, who then are able to sell the coins to the public.

Avoiding Counterfeit Silver Eagle Coins

silvereagleamerican — Thu, 29 Oct 2009 03:51:09 +0000

Great article that features tips and tricks on how to avoid the mistake of buying counterfeit silver eagles from dishonest coin dealers.

Silver Eagle Coins - Are Yours Fake Or Counterfeit?

Collecting silver coins is a serious hobby for many collectors worldwide and to serve these people there are various silver coins for sale at reliable, honest numismatic marketplaces like Boost Silver and other web pages where coin sellers and coin buyers meet.

Unfortunately there are many silver plated or lesser-metal counterfeit coins currently being sold online (various "silver dollar" coins for example). These counterfeit coins are sometimes of such good quality that it is very difficult to identify them as a counterfeit coin if you are not a coin expert.

The big problem with buying coins through the internet is that you cannot touch the coin and must judge the quality and authenticity of the coin from an image and description provided by the seller. That makes it very risky to buy coins online if you do not know the reputation of the seller who is offering the coin.

Knowing what you want to buy and having specific coin knowledge and relevant data at hand, like the weight and size from that specific silver coin in combination with the seller's reputation can give you an advantage in buying these specific coins online.

To avoid purchasing a fake look for close-up pictures of real coins, showing the details of the engraving for comparison, also try to obtain the exact coin specification from the mint. Overall silver coins are a very sound investment in an uncertain economy, and with a little research you can be certain the coins you are buying are the real thing.

Link to a close-up picture of a real 2007 One Ounce American Silver Eagle Coin: http://coins.boostsilver.com/silver-investing/is-your-silver-eagle-coin-a-fake-or-counterfeit/

Article Source: http://EzineArticles.com/?expert=Jackson_Quinn_Walker

2009 Proof and Uncirculated American Silver Eagle Coins

silvereagleamerican — Thu, 29 Oct 2009 03:51:04 +0000

Some really great links to the new 2009 Proof and Uncirculated American Silver Eagle coins from the United States Mint.

Latest silver eagle coin news – 2009 Proof and Uncirculated American Silver Eagle Coin Images

Ok so you might find the next few links interesting. These are from around the web, just random snippets that I've picked up in my reading, but I found some very cool information in them. You might too. Here goes...

2009 Proof and Uncirculated American Silver Eagle Coin Images ...

In what is now a touch of torment, several weeks back the United States Mint published 2009 American Eagle Silver Proof Coin images within their Press Image Library. ...

Ebay: 2006-P SILVER EAGLE "REVERSE PROOF" PF-69 NGC - CoinTalk

http://cgi.ebay.com/ws/eBayISAPI.dll...#ht_500wt_1182.

The American Silver Eagle Coin Program | eRapid Finance Report

Silver American Eagles are highly thought of by investors and collectors mutually and are some of the most stunning bullion coins that you hold in your coin collection.

Hope you enjoy the read as much as I did and please if you have something to say, use the comments form below to let everyone know your thoughts.

Have a great day!

2009 American Silver Eagles

silvereagleamerican — Mon, 10 Aug 2009 00:42:30 +0000

The American Silver Eagle is the United States' official silver bullion coin. It has been issued ever since 1986 and withholds a single ounce of silver. Coins are minted to exacting requirements and are verified by the United States government for content, purity and weight. This series has become a favorite of both coin collectors and bullion patrons.

The design of the obverse was derived from the classic "Walking Liberty" project from Adolph A. Weinman, which originally had been utilized for the United States half-dollar coin from the years 1916 to 1947. While this iconic creation has remained a public favorite - and certainly one of the most cherished designs of the contemporary US coinage (silver or otherwise) - it was restored for the Silver Eagle many years later. The reverse shows a heraldic eagle fashioned by John Mercanti.

The United States Mint has offered Silver Eagles in three major versions. The first is the regular remaining bullion derision of the coin, which is found at coin dealers and authorized bullion dealers. The second version being sold straight from the United States Mint is the collectible proof version. The lataest and most recent version is a collectible, uncirculated edition of the coin, additionally recognized as being the Burnished Silver Eagle. These coins are struck on burnished blanks and carry the famous "W" mint mark.

Silver Eagles are shipped by the Mint in packages of up to five hundred. Every box holds twenty-five tubes with twenty Silver Eagles to each tube. A sealed package weight forty-two pounds and is calculated to be around 15"X9"X5".

From the beginning of the series, Silver Eagles got the attention of not just bullion investors but coin collectors, as well. Silver Eagles are often seen as the modern parallel of Silver Dollars since they are struck in silver and hold a $1.00 face value. Coin collectors are able to assemble the Silver Eagle series by acquiring one coin for every date. There are some collectors who amass sets of high-end coins, which are encapsulated and assigned a grade by services like NGC or PCGS.

The design on the obverse was inspired by the classic "Walking Liberty" design from Adolph A. Weinman, which had initially been used for the United States half-dollar coin from the years 1916 to 1947. As this legendary design had endured as a public favorite - and definitely one of the most loved designs of the contemporary US coinage (be it silver or otherwise) - it was restored for the Silver Eagle many years down the road. The reverse displays a symbolic eagle created by John Mercanti.

The most recent US Mint sale figures show that the 2009 American Eagle Silver Bullion Coin sales for this week blazed past 12 million and got to 1 million sold throughout the first eleven days during June.

The Mint's authorized dealers bought 377,000 Silver Eagles throughout the first eight days of June, which ended on Monday. By Wednesday, the tally for sales amplified up to more than double the amount of 777,000. Then, the count skyrocketed to 930,000 on Thursday, which brought the year-to-date total to a record-breaking rate of 12,509,500.

The current selling pace will take June above the 1.9 million eagles bought throughout May - a month with elevated numbers but astonishingly ranking second from the lowest for silver bullion coin sales this year. That is how great the year 2009 has proven to be for silver coins.

2008 was a giant year for the series with well over 19 million eagles being bought. Unless a turnaround occurs, 2009 might make last year's record performance pale in comparison to this year's record numbers.

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